VILLA KEJORA in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 235K and a median price per square foot (PSF) of RM 362.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 235K, with most transactions falling within a stable range of RM 202K to RM 268K, and a typical market range of RM 188K to RM 283K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 362, with most transactions between RM 332 and RM 392. The usual range is RM 336.50 to RM 387.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.